Meta's 11,000 job cuts may be only the beginning
Mark Zuckerberg says that laying off 13% of Meta's workforce is a "sad moment" — and analysts predict more cuts are coming as ad revenues continue to crumble.
Mark Zuckerberg says that laying off 13% of Meta's workforce is a "sad moment" — and analysts predict more cuts are coming as ad revenues continue to crumble.
Following its quarterly earnings report, Apple has seen its stocks go up 7% — and seemingly rising — while all other Big Tech firms have seen steep declines.
Facebook's parent company Meta has spoken out against Apple's newly updated App Store rules that require apps to pay a cut of social media boost revenue.
Meta CEO Mark Zuckerberg sat down for an hour-long discussion and held court on Facebook's future, the new Meta Quest Pro — and the moves Apple is making that have hurt his company.
Meta announced the Quest Pro virtual reality headset at its Meta Connect 2022 conference, with it aimed at enterprise and the professional market.
Security researchers at Meta uncovered over 400 malicious apps from the App Store that stole credentials from Facebook users.
Facebook's engineers don't know exactly how the company uses the data of its users, with the giant number of systems in use obscuring where things are stored and what happens to the information.
Apple, Google, and others have spent $95 million lobbying against a bill that would prevent them from favoring their own services, and between that and the schedule, a vote seems unlikely.
The iOS app for Facebook Gaming will stop working on October 28, 2022, although the streaming service will remain live on the web.
New research claims that of five major Big Tech firms, Google tracks more private data about users than any other — and Apple tracks the least.
Before Apple's privacy feud with Facebook, the two companies reportedly discussed "revenue-sharing agreements" such as an ad-free, subscription-based version of the social media platform.
Facebook claims it's the champion of small businesses, but as soon as Apple's privacy changes affected Mark Zuckerberg's bottom line, it took it out on its small business partners.
A brief announcement by Facebook's Mark Zuckerberg promises that Whatsapp will gain the ability to migrate data from Android to iPhone
The days of "FAANG" stocks will be over in June when Meta officially changes its ticker symbol to "META," months after the company changed its name from Facebook.
The word "metaverse" is currently meaningless, and mainly serves as a distraction from the problems of some of the companies spearheading it — including Facebook and Epic Games.
Meta, Facebook's parent company, has told staff it is freezing recruitment as its revenues grew less than predicted, in part because of Apple's iOS 14 privacy changes.
Facebook is giving up on podcasts after just a year, with the social network warning podcasters that it will be shuttering the audio content from June 3.
Facebook privacy engineers warn that the company would have a hard time committing to privacy laws as it largely has no idea how its system uses the data it collects.
Apple is torching Meta over the "metaverse" company's plans to charge developers up to 47.5% for virtual goods sold through the Meta Quest store.
Almost 12 months after Apple launched App Tracking Transparency, a new analysis predicts its second year will still see major disruption to advertiser, with Facebook, YouTube and more collectively losing around $16 billion.
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